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COVID-19 and the two-speed retail sector

Corporate and M&A
People on escalators at shopping mall v2
In an article exploring the impact of the pandemic on a sector already experiencing major disruption, partner Jeremy Leibler tells the West Australian newspaper that “the pandemic has accelerated what was inevitable in terms of a two-speed retail sector”.

"Retailers like Kogan.com with high quality management will ensure that the systemic shift to online shopping that we're seeing during COVID-19 isn't temporary, and it isn't going to revert back to bricks and mortar when this is over, because consumer sentiment is structurally changing," he said. "Post-Covid there will be a lot of consolidation."

To read the full article, click here.

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